What is the primary purpose of the inspection recovery fund?

The primary purpose of the inspection recovery fund is to reimburse aggrieved persons. This fund is established to provide financial restitution to clients who have suffered monetary losses due to the negligence or wrongful actions of a licensed home inspector. It serves as a safety net for consumers, ensuring that they can recoup some of their losses if an inspector fails to meet the standards of practice or commits a violation that results in financial harm.

This function is crucial for maintaining trust in the home inspection profession, as it holds inspectors accountable for their work. The existence of such a fund can also encourage home inspectors to perform their duties with greater diligence, knowing that there are consequences for their actions.

The other options are related to different aspects of the industry but do not define the primary objective of the recovery fund. For instance, funding for inspector training, regulatory enforcement, or support for realty associations serves different roles in the home inspection landscape.